Amino Acids Market

Amino Acids Market Size:

The global amino acids market size reached 11.4 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 16.8 Million Tons by 2032, exhibiting a growth rate (CAGR) of 4.2% during 2024-2032. The increasing utilization of amino acids in formulating numerous skincare products, the widespread adoption of plant-based diets, and the expanding use of fermentation techniques, genetic engineering, and enzymatic processes are some of the major factors propelling the growth of the market.

Amino Acids Market Analysis:

• Major Market Drivers: The increasing demand for dietary supplements and functional foods represents the major driver in the market. With the rising health awareness, consumers are seeking amino acid supplements to improve muscle growth, enhance athletic performance, and support overall well-being.
• Key Market Trends: The growing preference for plant-based amino acids represents the key trend of the market. As more consumers adopt vegetarian and vegan diets, the demand for plant-derived amino acids is increasing. Advancements in fermentation technology are leading to more efficient and sustainable production processes.
• Geographical Trends: Asia Pacific accounts for the largest region in the amino acid market growth. The increasing health consciousness, rising demand for dietary supplements, expanding livestock production, advancements in biotechnology, and growing awareness of the benefits of amino acids in both human and animal nutrition are driving the market growth in the region.
• Competitive Landscape: Some of the major market players in the amino acids industry include AjinomotoCo., Inc., Kyowa Hakko Bio. Co. Ltd., Amino GmbH, Bill Barr & Company, Iris Biotech GmbH, Taiwan Amino Acids Co. Ltd., BI Nutraceuticals, Sichuan Tongsheng Amino acid Co., Ltd, Wacker Chemie AG, CJ CheilJedang Corp., Donboo Amino Acid Co., Ltd., Evonik Industries AG, and Archer-Daniels-Midland Company, among many others.
• Challenges and Opportunities: The market faces various challenges including fluctuating raw material prices and strict regulatory standards, which can impact production costs and market accessibility. However, the market also faces several opportunities such as the increasing demand for health supplements, especially plant-based amino acids, driven by the rising health awareness and dietary preferences.
   

Amino Acids Market Trends:

Rising Health and Wellness Awareness

The increasing consumer awareness about the benefits of amino acids in improving health, fitness, and overall well-being is driving the demand for dietary supplements and functional foods enriched with amino acids. This trend is particularly strong among fitness enthusiasts and aging populations seeking muscle health and recovery solutions. Brands and companies are also engaging in campaigns to spread awareness regarding the health benefits of amino acids. For instance, in December 2023, Ajinomoto, a leading global company with specialties in amino acids as its foundation leading to the business of food and wellness, launched an educational campaign “Life is Full of Amino Acid” to educate Thai citizens about the importance of amino acids for human health and their crucial functions in daily life. This initiative is in response to the company's recently adopted vision, Leading in Creation of Our Well-Being along with the slogan of ‘Eat Well, Live Well’. This is expected to fuel the amino acid market forecast over the coming years.

Growth in the Animal Feed Industry

Amino acids are essential in animal nutrition for promoting growth, enhancing feed efficiency, and improving overall livestock health. The expanding livestock and aquaculture industries, particularly in developing regions, are significantly boosting the demand for amino acids in animal feed formulations. According to the American Feed Industry Association, there are 5,800+ animal food manufacturing facilities in the U.S. producing more than 284 million tons of finished feed and pet food each year. This is further driving the amino acid demand in the animal feed industry. For instance, in May 2023, Evonik announced the launch of a new generation of Biolys, a proven source of lysine for livestock feeds, in keeping with the tradition of supplying the market with innovative products and solutions to benefit its customers.

Increasing Demand for Plant-Based Products

The shift toward vegetarian and vegan diets is boosting demand for plant-derived amino acids. Consumers are increasingly seeking plant-based supplements and food products, driving growth in the market for amino acids sourced from plants. For instance, in October 2023, Redox, in collaboration with CJ Bio, introduced AMIBOOST a high-quality biostimulant enriched with specialized amino acids to aid in this ongoing struggle. This remarkable product is meticulously designed to bolster crop yield and quality, addressing the needs of various plant types and growth stages. These amino acids act as catalysts for the plant’s secondary metabolism, a vital part of its immune system, enabling plants to thrive even in the face of adversity. This is further influencing the amino acids market insights significantly.

Amino Acids Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global and regional levels for 2024-2032. Our report has categorized the market based on type, raw material, and application.

Breakup by Type:

• Glutamic Acids
• Lysine
• Methionine
• Threonine
• Phenylalanine
• Tryptophan
• Citrulline
• Glycine
• Glutamine
• Creatine
• Arginine
• Valine
• Leucine
• Iso-Leucine
• Proline
• Serine
• Tyrosine
• Others
   

Glutamic acids account for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the type. This includes glutamic acids, lysine, methionine, threonine, phenylalanine, tryptophan, citrulline, glycine, glutamine, creatine, arginine, valine, leucine, iso-leucine, proline, serine, tyrosine, and others. According to the report, glutamic acids represented the largest segment.

The demand for glutamic acid is driven by its widespread utilization across various industries. For instance, the increasing use of glutamic acid in the form of monosodium glutamate (MSG) in the food and beverage (F&B) industry is positively influencing the market. MSG imparts an umami taste and enhances the savory flavors of various dishes. Additionally, the rising utilization of glutamic acid in preparing various processed foods, snacks, sauces, and condiments is creating a positive market outlook. Furthermore, the widespread adoption of glutamic acid in the pharmaceutical and biotechnology sectors for the synthesis of various pharmaceutical compounds, amino acid-based drugs, and peptide-based therapies is driving the market. Moreover, its increasing use in drug formulation and therapeutic applications is catalyzing its demand in these industries, thus influencing the amino acids market dynamics.

Breakup by Raw Material:

• Plant Based
• Animal Based
   

Plant based holds the largest share of the industry

A detailed breakup and analysis of the market based on the raw material have also been provided in the report. This includes plant based and animal based. According to the amino acids market research report, plant-based accounted for the largest market share.

The demand for plant-based raw materials in the market is driven by evolving consumer preferences and sustainability concerns. Additionally, the rising health consciousness among individuals and the growing environmental concerns are catalyzing the demand for sustainable and cruelty-free alternatives to animal-derived products. Apart from this, the environmental impact of traditional animal farming, including land use, greenhouse gas (GHG) emissions, and resource consumption is promoting eco-friendly options. Furthermore, the increasing adoption of vegetarianism and veganism is driving the demand for plant-based products. Furthermore, continuous innovations in extraction methods, such as fermentation and enzymatic processes, are allowing for the efficient production of amino acids from plant sources. Moreover, the rising utilization of plant-based amino acids across different industry verticals, such as in food and beverages, cosmetics, and pharmaceuticals, is favoring the industry growth.

Breakup by Application:

• Animal Feed
• Food
• Healthcare
   

Animal feed represents the leading market segment 

A detailed breakup and analysis of the market based on the application has also been provided in the report. This includes animal feed, food, and healthcare. According to the amino acids industry report, animal feed accounted for the largest market share.

The demand for amino acids in animal feed applications is driven by the escalating demand for high-quality and nutritionally balanced livestock and poultry nutrition. Amino acids are essential nutrients required for proper growth, development, and overall health of animals. Additionally, the rising demand for animal-based products, such as meat, milk, and eggs, is driving the need for efficient and sustainable livestock production. Apart from this, the increasing consumption of supplementation is enabling precise control over protein intake, optimizing animal performance, and reducing the risk of excess nutrient excretion, which is contributing to the amino acids market growth. Amino acid supplementation assists in formulating balanced diets that adhere to regulatory guidelines while ensuring the welfare and health of animals. High-quality amino acid-enriched feed contributes to improved animal health, reduced antibiotic use, and enhanced product quality.

Breakup by Region:

• Asia Pacific
• Europe
• North America
• Latin America
• Middle East and Africa
   

Asia Pacific leads the market, accounting for the largest amino acids market share

The report has also provided a comprehensive analysis of all the major regional markets, which include Asia Pacific, Europe, North America, Latin America, and the Middle East and Africa. According to the report, Asia Pacific represents the largest regional market for amino acids.

Rapid urbanization, population growth, and inflating disposable income levels of individuals are driving the demand for meat products in the region. This, in turn, is catalyzing the demand for animal feed, which incorporates amino acids to enhance livestock growth and product quality. Apart from this, various universities, research institutions, and biotech companies in the region are collaborating to innovate production methods, develop novel amino acid derivatives, and explore applications in various industries. Furthermore, the strategic geographical location of Asia Pacific facilitates trade and export opportunities. Moreover, the closer proximity of various countries in the Asia Pacific to major markets, such as North America and Europe, is enabling the efficient distribution of amino acid products to global consumers. This is further creating a positive amino acids market outlook across the Asia Pacific region.

Competitive Landscape:

• The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the amino acids industry include AjinomotoCo., Inc., Kyowa Hakko Bio. Co. Ltd., Amino GmbH, Bill Barr & Company, Iris Biotech GmbH, Taiwan Amino Acids Co. Ltd., BI Nutraceuticals, Sichuan Tongsheng Amino acid Co., Ltd, Wacker Chemie AG, CJ CheilJedang Corp., Donboo Amino Acid Co., Ltd., Evonik Industries AG, and Archer-Daniels-Midland Company.

  (Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

• The competitive landscape of the amino acid market is characterized by the presence of several key players, including Ajinomoto Co., Inc., Kyowa Hakko Bio Co., Ltd., and Evonik Industries AG. These companies focus on extensive research and development to innovate and improve their product offerings. For instance, in August 2023, Element Nutritional Sciences Inc. announced the launch of its PROMINO™ drink mix and ready-to-drink beverage by working closely with pro athletes across the multiple pro sports leagues in North America. PROMINO's patented amino acid formula contains the essential building blocks of protein and is shown to be the highest quality protein source in the world based on the rising gold standard of protein quality – DIAAS – which measures the uptake of these key amino acids in the gut.

Amino Acids Market News:

• In April 2023, Ajinomoto Co., Inc. concluded a joint research and development (R&D) agreement with Logomix Inc., a start-up company with a proprietary genome engineering platform. Through this agreement and the resulting interaction between Logomix’s genome engineering platform and Ajinomoto Co.’s amino-acid production technology and expertise, the two companies will pursue joint research of a sustainable amino-acid production method that will contribute to attaining carbon neutrality.
• In March 2023, Corteva Inc. and Bunge announced significant advancements in the development of amino acid-enhanced soybean meals for the animal feed industry, specifically suited for poultry, swine, and aqua feed. The companies have a multi-year collaboration to develop and commercialize soybean varieties that can create a potential new value stream opportunity for soybean farmers while giving feed compounders a new option to reduce their use of synthetic additives, lower costs, and shrink their carbon footprint. Through this collaboration, Corteva is leveraging its expertise in germplasm, gene editing, and trait discovery to develop soybean varieties with greater protein content, optimized amino acid profiles, and lower levels of anti-nutritional factors.

Amino Acids Market Report Scope:

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the amino acids market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the global amino acids market.
• The study maps the leading, as well as the fastest-growing, regional markets.
• Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the amino acids industry and its attractiveness.
• The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.